14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Boeing to open new office in Hanoi as part of its regional expansion

Vietnam is still one of the key markets for the global aerospace company’s business.

The Boeing Company [NYSE: BA] will establish its new offices in Hanoi namely Boeing Vietnam Company Limited and Indonesia’s Jakarta this week, as part of its expansion plan to Southeast Asia. 

 Boeing Vietnam Co., Ltd. is located in Hanoi. Photo: Boeing 

Boeing’s presence in Indonesia and Vietnam will support the company’s growth objectives across its commercial airplanes, defense and services businesses, according to the latest announcement by the global aerospace company. 

Boeing also appointed Alexander Feldman as the new president of its Southeast Asia business, effective August 27. Feldman will be based in Singapore and oversee the company’s strategy and operations as the company expands its regional presence. 

He will also become director and chairman of Boeing Singapore Pte. Ltd. and president director of PT. Boeing Indonesia. He succeeds Ralph ‘Skip’ Boyce, who is retiring after more than 13 years at Boeing in Singapore. 

Michael Arthur, President of Boeing International said: “We are really sorry to see Skip leave and thank him for having done a tremendous job leading and growing the Boeing operation and presence across the region and which now includes newly-opened offices in Jakarta and Hanoi.”

Feldman said he is proud to join Boeing, one of the world’s iconic brands, and a strong and growing partner to Southeast Asia, one of the fastest-growing and most consequential markets in the world.

“With over 380 million people under the age of 35, Southeast Asia will bolster Boeing’s growth for decades to come and support hundreds of thousands of American jobs as well as countless others across the region,” Feldman said.

Previously, Feldman was president and CEO of the US-ASEAN Business Council (US-ABC) for over 12 years and also served as its chairman in 2020-2021 helping to steer the Council through the Covid-19 pandemic. At the US-ABC, Feldman represented 170 of the largest US businesses, including Boeing, and managed seven offices in Southeast Asia. 

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam to tax crypto asset transfers at 0.1%

Vietnam to tax crypto asset transfers at 0.1%

This approach mirrors the current tax calculation applied to securities transactions.

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Hanoi craft exhibition showcases Tet goods as shopping demand rises

Featuring 100 booths, the exhibition brings together artisans and businesses from Hanoi and neighboring provinces, presenting handicrafts, gifts, decorations and specialty foods, while promoting craft villages and stimulating consumption ahead of the 2026 New Year.

Vietnam establishes support body for International Financial Center Council

Vietnam establishes support body for International Financial Center Council

Beyond internal coordination, the support body undertakes international cooperation, information and communication activities.

Hanoi draws US$102 million in foreign direct investment during January

Hanoi draws US$102 million in foreign direct investment during January

Strong investor activity continued in the capital at the start of the year, as a mix of new projects, capital adjustments and share acquisitions helped reinforce Hanoi’s role in sustaining Vietnam’s positive foreign investment trend.

Vietnam pushes rural e-commerce expansion to narrow digital divide nationwide

Vietnam pushes rural e-commerce expansion to narrow digital divide nationwide

As Vietnam’s e-commerce market accelerates, attention is shifting toward how national policies and platform-led initiatives can help smaller localities overcome structural barriers, bringing digital trade opportunities to mountainous, border and rural communities.

Swiss and European firms back Vietnam’s push for double-digit growth, finance hub

Swiss and European firms back Vietnam’s push for double-digit growth, finance hub

Swiss and European companies voice support for Vietnam’s double-digit growth strategy, green transition and international financial center plans, highlighting long-term investment opportunities.

Vietnam business confidence at 22-month high

Vietnam business confidence at 22-month high

It was a solid start to the year for the Vietnamese manufacturing sector as firms ramped up output in response to stronger new orders

Government orders ministries to ensure stable supplies and prices ahead of Tet

Government orders ministries to ensure stable supplies and prices ahead of Tet

Prime Minister Pham Minh Chinh has ordered ministries and local authorities to stabilize markets, secure essential goods and strengthen social welfare to ensure a smooth Lunar New Year holiday.